Financials
Financial year 2025
Serpieters Authentic Painters from Ardooie, company number BE0535669731, closed financial year 2025 with a result of € 111,299 after tax. For that financial year Serpieters Authentic Painters recorded a gross margin of € 447,813 and equity of € 403,776. Compared with financial year 2024, the result moved from € 124,727 to € 111,299. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on November 25, 2025.
€ 403,776
▲ 32% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 111,299
▼ 11% vs 2024
Profit after tax over the fiscal year.
€ 114,823
▼ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 13,593 paid out
12 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
4.6
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 233,792
▼ 2% vs 2024
€ 50,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 90,150
▲ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 246,437
▲ 2% vs 2024
€ 55,232 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 330,157
▲ 150% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,113
▼ 46% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 213,158 | € 345,298 | € 469,340 | € 447,813 | ▼ 5% |
| Profit after taxes | € 49,012 | € 64,345 | € 124,727 | € 111,299 | ▼ 11% |
| Equity | € 116,999 | € 181,344 | € 306,070 | € 403,776 | ▲ 32% |
| Total debts | € 331,399 | € 296,547 | € 491,295 | € 615,357 | ▲ 25% |
| Cash | € 45,147 | € 57,806 | € 161,693 | € 114,823 | ▼ 29% |
| Land & buildings | € 124,528 | € 121,768 | € 227,848 | € 220,731 | ▼ 3% |
| Retained profit | € 104,599 | € 168,944 | € 293,670 | € 391,376 | ▲ 33% |
| Dividend | € 0 | € 0 | € 0 | € 13,593 | |
| Bank debt | € 83,945 | € 123,487 | € 240,680 | € 246,437 | ▲ 2% |
| Balance sheet total | € 448,398 | € 477,891 | € 797,365 | € 1,019,133 | ▲ 28% |
| Employees (FTE) | - | 4.2 | 4.5 | 4.6 | ▲ 0.1 |
Key figures of Serpieters Authentic Painters, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Serpieters Authentic Painters?
What happened at Serpieters Authentic Painters in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 111,299 (▼ 11% vs 2024). Source: NBB ↗
- New establishment in Roeselare. KBO
- New establishment in Ardooie. KBO
- Laurens SERPIETERS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 49,012 profit in 2022 to € 111,299 profit in 2025.
Paid € 137,530 in corporate taxes since 2022.
Best year ever: 2024, with € 124,727 profit.
On average € 97,400 of value added per employee in 2025.
Management
Behind Serpieters Authentic Painters is Laurens SERPIETERS.
Directors
According to the 2025 annual accounts
Laurens SERPIETERS
Director
since 2013
Establishments
Establishment units
Physical locations of this company
Brabantstraat 23
8850 Ardooie
Vloedstraat 36
8800 Roeselare
Active since 12 July 2013
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0535.669.731
- VAT number
- BE 0535.669.731
- Registered office
- Brabantstraat 23, 8850 Ardooie
- Names & denominations
- Serpieters Authentic Painters
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 June 2013
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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